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Foreclosure Homes in Burr Oak, MI 49030

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Burr Oak, MI Foreclosures

How much do homes sell for in Burr Oak, MI?
The average home price is currently $201,240.
In Burr Oak, MI, how many homes are available?
There are currently 4 active home listings available in Burr Oak.
What’s the average rental cost in Burr Oak, MI?
The average rental price in Burr Oak is $1,341.
What is the most expensive home in Burr Oak?
The most expensive home sold in Burr Oak had a price of $1,079,230.
What is currently the cheapest priced home in Burr Oak, MI?
The cheapest home for sale in Burr Oak is priced at $11,278.

Living in Burr Oak, MI

Burr Oak, MI, is a picturesque village with a welcoming community and abundant outdoor activities. It features accessible local amenities and quality educational institutions. Ideal for families seeking a peaceful lifestyle while remaining connected to nearby commercial areas.

Current Market Conditions in Burr Oak, MI

The real estate market in Burr Oak is currently favorable for buyers, with affordable home prices compared to nearby urban areas. Investors can expect a steady demand for rental properties due to the area's family-friendly environment and low crime rates.

Property values in the region have been stable, with a slight upward trend anticipated as more people discover the charm of Burr Oak. Investors looking for opportunities in small-town environments may find this village a hidden gem.

Home Value Estimator For Burr Oak, MI

There are currently 968 real estate properties in Burr Oak, MI, with a median automated valuation model (AVM) price of $171,462.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Burr Oak, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Burr Oak, MI, is $201,240.00, with the most expensive house in Burr Oak, MI, topping out at $1,079,230.00 and the cheapest home in Burr Oak, MI, clocking in at $11,278.00. In other words, there’s something for every potential homebuyer or savvy investor in Burr Oak, MI!

Rent Prices In Burr Oak, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Burr Oak, MI, is on a rollercoaster ride. The average rent price in Burr Oak, MI, is $1,341.00. Indeed, when looking to rent in Burr Oak, MI, you can expect to pay as little as $800.00 or as much as $2,080.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Burr Oak, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Burr Oak, MI 49030 Foreclosures

Market Trend for Burr Oak, MI

Total Listings Available: 4

Market Values:

Home Prices from $11,278 to $1,079,230

Average Sales Price: $201,240

Rental Values:

Rental from $800 to $2,080

Average Rent Value: $1,341 / month

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